22 May Indian Firms Still Grappling to Comply with GDPR
A good number of Indian organisations are reportedly still grappling to comply with EU’s stringent regulation which is set to take effect on May 25.
With 99 articles and 173 recitals, the GDPR is expected to make a significant impact on the country as its key requirements directly affect the way organisations implement IT security, focusing on confidentiality, integrity and availability of data.
However, the latest forensic data analytics survey from Ernst & Young says that only 13% of Indian companies have a plan to comply with the new EU privacy rules, which is expected to be an additional challenge as India is not presently in the list of countries approved for data portability and transfer.
Source: Economic Times India